U.S. Small Caliber Ammunition Market Size, Share & Trends Analysis Report By Caliber (5.56mm, 7.62mm, 9mm), By Product (Rimfire, Centerfire), And Segment Forecasts, 2024 - 2030
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U.S. Small Caliber Ammunition Market Growth & Trends
The U.S. small caliber ammunition market size is anticipated to reach USD 4.8 billion by 2030, registering a CAGR of 2.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing emphasis on self-defense, sports shooting, and hunting activities in the U.S. is a significant driver of the market growth. Government initiatives aimed at promoting firearm safety training, rifle practice, and personal safety awareness programs drive the demand for guns and, subsequently, small ammunition across the country. The increasing awareness of personal safety and security among U.S. citizens has been a significant factor driving the market growth. With millions of people carrying firearms for personal protection, there is a continuous demand for small ammunition used in handguns and shotguns.
According to the Pew Research Center survey, around 72% of U.S. gun owners say protection is a significant reason for owning a firearm. This statistic underscores the importance of personal safety as a driving factor behind gun ownership in the U.S. The popularity of online sales channels for small-caliber ammunition is increasing due to factors like real-time inventory systems and fast shipping, which contribute to market growth. Online sales channels allow customers to purchase ammunition from the comfort of their homes, eliminating the need to visit physical stores. This accessibility appeals to many consumers, including shooting enthusiasts, hunters, and individuals seeking personal protection.
U.S. Small Caliber Ammunition Market Report Highlights
U.S. Small Caliber Ammunition Market Growth & Trends
The U.S. small caliber ammunition market size is anticipated to reach USD 4.8 billion by 2030, registering a CAGR of 2.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing emphasis on self-defense, sports shooting, and hunting activities in the U.S. is a significant driver of the market growth. Government initiatives aimed at promoting firearm safety training, rifle practice, and personal safety awareness programs drive the demand for guns and, subsequently, small ammunition across the country. The increasing awareness of personal safety and security among U.S. citizens has been a significant factor driving the market growth. With millions of people carrying firearms for personal protection, there is a continuous demand for small ammunition used in handguns and shotguns.
According to the Pew Research Center survey, around 72% of U.S. gun owners say protection is a significant reason for owning a firearm. This statistic underscores the importance of personal safety as a driving factor behind gun ownership in the U.S. The popularity of online sales channels for small-caliber ammunition is increasing due to factors like real-time inventory systems and fast shipping, which contribute to market growth. Online sales channels allow customers to purchase ammunition from the comfort of their homes, eliminating the need to visit physical stores. This accessibility appeals to many consumers, including shooting enthusiasts, hunters, and individuals seeking personal protection.
U.S. Small Caliber Ammunition Market Report Highlights
- Based on the caliber, the 5.56mm segment accounted for the largest revenue share of 77.8% in 2023 and is expected to grow at a significant CAGR from 2024 to 2030. The segment dominance can be attributed to the product’s use in military applications for commercial purposes and shooting sports
- The centerfire product segment dominated the market in 2023 and is expected to grow at the fastest CAGR from 2024 to 2030. Its performance attributes, safety features, and durability support the segment’s dominant position in the market
- In October 2023, Olin Corporation acquired White Flyer Targets, a prominent provider of recreational targets for trap, skeet, and sporting clay shooting in North America. The acquisition enabled Olin to enhance its presence in the recreational shooting industry by merging White Flyer Targets with the Winchester Ammunition business
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Caliber
1.2.2. Product
1.2.3. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. GVR’s internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.5. Information or Data Analysis
1.5.1. Data analysis models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity flow analysis (Model 1)
1.7.2. Approach 1: Commodity flow approach
1.7.3. Volume price analysis (Model 2)
1.7.4. Approach 2: Volume price analysis
1.8. List of Secondary Sources
1.9. List of Primary Sources
1.10. Objectives
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Caliber Outlook
2.2.2. Product Outlook
2.3. Competitive Insights
CHAPTER 3. U.S. SMALL CALIBER AMMUNITION MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.3. U.S. Small Caliber Ammunition Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Technological landscape
3.3.2.3. Economic landscape
3.3.2.4. Social landscape
3.3.2.5. Legal landscape
3.3.2.6. Environmental landscape
CHAPTER 4. U.S. SMALL CALIBER AMMUNITION MARKET: CALIBER ESTIMATES & TREND ANALYSIS
4.1. Caliber Market Share, 2023 & 2030
4.2. Segment Dashboard
4.3. U.S Small Caliber Ammunition Market By Caliber Outlook
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
4.4.1. 5.56mm
4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2. 7.62mm
4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.3. 9mm
4.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.4. Others
4.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
CHAPTER 5. U.S. SMALL CALIBER AMMUNITION: PRODUCT ESTIMATES & TREND ANALYSIS
5.1. Product Market Share, 2023 & 2030
5.2. Segment Dashboard
5.3. U.S. Small Caliber Ammunition Market By Product Outlook
5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
5.4.1. Rimfire
5.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
5.4.2. Centerfire
5.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
CHAPTER 6. COMPETITIVE LANDSCAPE
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company/Competition Categorization
6.3. Vendor Landscape
6.3.1. List of key distributors and channel partners
6.3.2. Key customers
6.3.3. Key company heat map analysis, 2023
6.4. Company Profiles
6.4.1. FN HERSTAL
6.4.1.1. Company overview
6.4.1.2. Financial performance
6.4.1.3. Product benchmarking
6.4.1.4. Strategic initiatives
6.4.2. Hornady
6.4.2.1. Company overview
6.4.2.2. Financial performance
6.4.2.3. Product benchmarking
6.4.2.4. Strategic initiatives
6.4.3. Nammo AS
6.4.3.1. Company overview
6.4.3.2. Financial performance
6.4.3.3. Product benchmarking
6.4.3.4. Strategic initiatives
6.4.4. Northrop Grumman
6.4.4.1. Company overview
6.4.4.2. Financial performance
6.4.4.3. Product benchmarking
6.4.4.4. Strategic initiatives
6.4.5. Olin Corporation
6.4.5.1. Company overview
6.4.5.2. Financial performance
6.4.5.3. Product benchmarking
6.4.5.4. Strategic initiatives
6.4.6. Remington Ammunition
6.4.6.1. Company overview
6.4.6.2. Financial performance
6.4.6.3. Product benchmarking
6.4.6.4. Strategic initiatives
6.4.7. Rosoboronexport
6.4.7.1. Company overview
6.4.7.2. Financial performance
6.4.7.3. Product benchmarking
6.4.7.4. Strategic initiatives
6.4.8. Sierra Bullets
6.4.8.1. Company overview
6.4.8.2. Financial performance
6.4.8.3. Product benchmarking
6.4.8.4. Strategic initiatives
6.4.9. Visa Outdoor Operations LLC
6.4.9.1. Company overview
6.4.9.2. Financial performance
6.4.9.3. Product benchmarking
6.4.9.4. Strategic initiatives
6.4.10. Winchester Ammunition
6.4.10.1. Company overview
6.4.10.2. Financial performance
6.4.10.3. Product benchmarking
6.4.10.4. Strategic initiatives
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Caliber
1.2.2. Product
1.2.3. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. GVR’s internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.5. Information or Data Analysis
1.5.1. Data analysis models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity flow analysis (Model 1)
1.7.2. Approach 1: Commodity flow approach
1.7.3. Volume price analysis (Model 2)
1.7.4. Approach 2: Volume price analysis
1.8. List of Secondary Sources
1.9. List of Primary Sources
1.10. Objectives
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Caliber Outlook
2.2.2. Product Outlook
2.3. Competitive Insights
CHAPTER 3. U.S. SMALL CALIBER AMMUNITION MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.3. U.S. Small Caliber Ammunition Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Technological landscape
3.3.2.3. Economic landscape
3.3.2.4. Social landscape
3.3.2.5. Legal landscape
3.3.2.6. Environmental landscape
CHAPTER 4. U.S. SMALL CALIBER AMMUNITION MARKET: CALIBER ESTIMATES & TREND ANALYSIS
4.1. Caliber Market Share, 2023 & 2030
4.2. Segment Dashboard
4.3. U.S Small Caliber Ammunition Market By Caliber Outlook
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
4.4.1. 5.56mm
4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2. 7.62mm
4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.3. 9mm
4.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.4. Others
4.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
CHAPTER 5. U.S. SMALL CALIBER AMMUNITION: PRODUCT ESTIMATES & TREND ANALYSIS
5.1. Product Market Share, 2023 & 2030
5.2. Segment Dashboard
5.3. U.S. Small Caliber Ammunition Market By Product Outlook
5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
5.4.1. Rimfire
5.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
5.4.2. Centerfire
5.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
CHAPTER 6. COMPETITIVE LANDSCAPE
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company/Competition Categorization
6.3. Vendor Landscape
6.3.1. List of key distributors and channel partners
6.3.2. Key customers
6.3.3. Key company heat map analysis, 2023
6.4. Company Profiles
6.4.1. FN HERSTAL
6.4.1.1. Company overview
6.4.1.2. Financial performance
6.4.1.3. Product benchmarking
6.4.1.4. Strategic initiatives
6.4.2. Hornady
6.4.2.1. Company overview
6.4.2.2. Financial performance
6.4.2.3. Product benchmarking
6.4.2.4. Strategic initiatives
6.4.3. Nammo AS
6.4.3.1. Company overview
6.4.3.2. Financial performance
6.4.3.3. Product benchmarking
6.4.3.4. Strategic initiatives
6.4.4. Northrop Grumman
6.4.4.1. Company overview
6.4.4.2. Financial performance
6.4.4.3. Product benchmarking
6.4.4.4. Strategic initiatives
6.4.5. Olin Corporation
6.4.5.1. Company overview
6.4.5.2. Financial performance
6.4.5.3. Product benchmarking
6.4.5.4. Strategic initiatives
6.4.6. Remington Ammunition
6.4.6.1. Company overview
6.4.6.2. Financial performance
6.4.6.3. Product benchmarking
6.4.6.4. Strategic initiatives
6.4.7. Rosoboronexport
6.4.7.1. Company overview
6.4.7.2. Financial performance
6.4.7.3. Product benchmarking
6.4.7.4. Strategic initiatives
6.4.8. Sierra Bullets
6.4.8.1. Company overview
6.4.8.2. Financial performance
6.4.8.3. Product benchmarking
6.4.8.4. Strategic initiatives
6.4.9. Visa Outdoor Operations LLC
6.4.9.1. Company overview
6.4.9.2. Financial performance
6.4.9.3. Product benchmarking
6.4.9.4. Strategic initiatives
6.4.10. Winchester Ammunition
6.4.10.1. Company overview
6.4.10.2. Financial performance
6.4.10.3. Product benchmarking
6.4.10.4. Strategic initiatives
LIST OF TABLES
Table 1 List of abbreviations
Table 2 U.S. small caliber ammunition market, by caliber, 2018 - 2030 (USD Million)
Table 3 U.S. small caliber ammunition market, by product, 2018 - 2030 (USD Million)
Table 1 List of abbreviations
Table 2 U.S. small caliber ammunition market, by caliber, 2018 - 2030 (USD Million)
Table 3 U.S. small caliber ammunition market, by product, 2018 - 2030 (USD Million)
LIST OF FIGURES
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 U.S. small caliber ammunition market: Market outlook
Fig. 9 U.S. small caliber ammunition competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 U.S. small caliber ammunition market driver impact
Fig. 14 U.S. small caliber ammunition market restraint impact
Fig. 15 U.S. small caliber ammunition market strategic initiatives analysis
Fig. 16 U.S. small caliber ammunition market: Caliber movement analysis
Fig. 17 U.S. small caliber ammunition market: Caliber outlook and key takeaways
Fig. 18 5.56mm estimates and forecast, 2018 - 2030
Fig. 19 7.62mm estimates and forecast, 2018 - 2030
Fig. 20 9mm estimates and forecast, 2018 - 2030
Fig. 21 Others market estimates and forecast, 2018 - 2030
Fig. 22 U.S. small caliber ammunition market: Product movement Analysis
Fig. 23 U.S. small caliber ammunition market: Product outlook and key takeaways
Fig. 24 Rimfire market estimates and forecasts, 2018 - 2030
Fig. 25 Centerfire market estimates and forecasts, 2018 - 2030
Fig. 26 Market share of key market players- U.S. small caliber ammunition market
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 U.S. small caliber ammunition market: Market outlook
Fig. 9 U.S. small caliber ammunition competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 U.S. small caliber ammunition market driver impact
Fig. 14 U.S. small caliber ammunition market restraint impact
Fig. 15 U.S. small caliber ammunition market strategic initiatives analysis
Fig. 16 U.S. small caliber ammunition market: Caliber movement analysis
Fig. 17 U.S. small caliber ammunition market: Caliber outlook and key takeaways
Fig. 18 5.56mm estimates and forecast, 2018 - 2030
Fig. 19 7.62mm estimates and forecast, 2018 - 2030
Fig. 20 9mm estimates and forecast, 2018 - 2030
Fig. 21 Others market estimates and forecast, 2018 - 2030
Fig. 22 U.S. small caliber ammunition market: Product movement Analysis
Fig. 23 U.S. small caliber ammunition market: Product outlook and key takeaways
Fig. 24 Rimfire market estimates and forecasts, 2018 - 2030
Fig. 25 Centerfire market estimates and forecasts, 2018 - 2030
Fig. 26 Market share of key market players- U.S. small caliber ammunition market